Quick Stats

Bid Price - Offer Price -
Mid Price GBX 170.35 Day Change GBX -0.30 (-0.18%)
Price Date 19 Oct 2017 Crown Rating 3
Shares Class Inc. Yield 4.27 %
Total Expense Ratio 0.77 Fund Size 129,172,071.57
Launch Date 19/09/2011 Standard Initial Charge (%) 1.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 0.75 Sector IMA UK Equity Income
Min Investment (£) 5,000,000.00 Total Expense Ratio (%) 0.77
ISIN GB00B905XJ71 Min TopUp (£) 1,000.00

Fund Objective

To produce an attractive and increasing level of income in addition to seeking long term capital growth from a portfolio of investments. The investment team actively manages the portfolio. They may invest in ordinary, preference and convertible shares.

Fund Managers

Mark Slater
Mark co-founded Slater Investments, the specialist UK equity fund manager, in 1994. The company manages a hedge fund, three unit trusts and portfolios for large pension schemes, high net worth individuals and charities. The company’s core methodology focuses on selecting companies able to produce reliable, above-average earnings growth supported by healthy cash flow. Shares in these companies are only acquired when the PE ratio is attractive in relation to the growth rate - i.e. when the PEG is relatively low. This approach has produced strong gains over the years, outperforming stock market indices by a substantial margin, with the company’s growth fund winning numerous industry awards. The company’s equity income strategy, pursued over the past ten years, has also performed strongly with exceptionally low volatility. Mark was awarded 2014 Fund Manager of the Year by City A.M. He is one of the top performing UK fund managers during his career and recently won Overall UK Hedge Fund Manager of the Year 2014 (Acquisition International), Best Performing UK Fund 2014 (Wealth & Finance International), Best Fund Manager Over Three Years 2013 (Professional Adviser) and UK Growth Winner 2012 (Money Observer). Slater Investments was voted Boutique Wealth Manager of the Year in 2014 (Acquisition International) and 2012 (Spears). During his career, Mark has served on the boards of four public companies in which he has been a substantial shareholder. Mark has an MA in History from Cambridge University.
Ralph Baber
Ralph Baber has a BSc (Hons) degree, is a qualified Chartered Accountant and is a Member of the Securities Institute. He has served on a number of regulatory panels including the SFA appeals tribunal. Ralph was a manager at Price Waterhouse until he left to join a client, CAL Futures Limited, first as Finance Director and then, as Managing Director. The company was a hedge fund manager and a futures and options broker. In 1995 the business was sold to Union plc where Ralph initially became an executive director before being promoted to Chief Executive in 1997. In 1998 Union plc bought WorldInvest, which had £1.6 billion of equity funds under management. When Union plc was acquired by a private group, Ralph joined that group as Managing Director and then became Chairman of the group. After co-founding Slater Investments in 1994, Ralph initially served as a non-executive director before taking on the role of Chief Operating Officer.
Barrie Newton
Barrie Newton obtained a BA Combined Honours Economics with Geography from University of Exeter (1966 -1969). He obtained a MSc by Research (taken part time) from the School of Management at University of Bath (1969 - 1974). Barrie joined B S Stock Son & Co in 1969 as a trainee stockbroker and became a partner in 1975. He remained a partner and subsequently became head of Research with the succeeding companies, Stock & Orme and Stock Beech & Co Ltd. Barrie was responsible for smaller company research and corporate fund raising as well as some private client work. Barrie left Stock Beech in 1990 to co-found Rowan Dartington. Barrie, acting in the role of Managing Director, helped to develop the business to be a highly profitable and well diversified regional stockbroker, fund manager and major participant in AIM corporate finance. Barrie ran the largest and most successful client fund which outperformed its benchmark for 14 out of 15 years. Barrie concluded the sale of Rowan Dartington in 2006 and joined Slater Investments in 2008.
Nigel Milton